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Residential Mortgage Broker
Program
For Those Considering Becoming a Mortgage Broker Become a Mortgage Broker, Money Brokering, How to Become a Money Broker, How to become a mortgage broker, Mortgage Broker Career, Moeny Broker Carreer Already a Loan Officer or Manager needing Training Material? Click Here for For More Advanced |
AT LAST! An easy-to-follow, step-by-step program that can teach you how to prepare Fannie Mae loan packages. A Fannie Mae loan package is the standard mortgage loan application package used by lenders throughout the country today. These lending institutions sell their mortgages to the Federal National Mortgage Association, better known as the Secondary Market, who then sell their mortgage-backed securities on Wall Street. Our training manual will take you step-by-step through the entire underwriting guidelines in preparing Fannie Mae loan packages. Each and every form will be specifically outlined and described with easy-to-follow instructions. YOU WILL LEARN HOW TO PROCESS LOAN REQUESTS THAT ARE IN THE GREATEST DEMAND IN EVERY STATE TODAY! AND NOW YOU CAN DO IT WITH NO LICENSE AND NO EXPERIENCE. BECOME A REALTOR'S DREAM COME TRUE! Are you aware of how many houses are sold each month in your city? If you contact your local real estate multiple listing service, you will be astonished to find out how many houses are sold in your city each and every month. Two or three hundred houses for a city of 100,000 population is average. The realtors who sell these houses must help arrange financing for their clients in order to have their sales closed. Can you imagine what an asset you would be to realtors for their sales? Only a few realtors referring their sales to you can mean 10, 20 or 30 clients per month, which in turn MAY MEAN $2,000, $3,000 OR $8,000 PER MONTH EARNED AS A RESIDENTIAL LOAN BROKER. Some residential loan brokers today are processing $1,000,000 in loans per month and at only 1% loan fee, the earnings would be $10,000 per month. You can earn from 1% to 3% of the total loan amount of each deal closed. HOW MUCH INVESTMENT IS REQUIRED TO START? Our manual explains programs designed with aMINIMAL OUT-OF-POCKET EXPENSE AND INVESTMENT TIME. In fact, all you really need to get started immediately is a telephone, an address, and our complete program which includes easy-to-follow, step-by-step instructions and camera-ready forms that you can use to reproduce. An example of each form is completely filled out and explained in detail so that you can fully understand each and every part of it. REAL ESTATE - THE AMERICAN DREAM! Owning a home has been a dream and major goal for every American family and residential loan requests are in bigger demand today than ever before. THERE HAS NEVER BEEN A BETTER TIME TO ARRANGE REAL ESTATE LOANS THAN TODAY! Since interest rates are lower than they have been in a long time, more homes are being sold and more residential starts in new housing construction is evident throughout the country. Realtors, builders, developers, buyers, and sellers will ALL be needing your service. A GREAT DEAL OF MONEY IS WAITING TO BE MADE BY SOMEONE LIKE YOU. The Residential Loan Broker Program can mean enormous profits and a huge success for you. You can get in on the ground floor of this high income opportunity now. WHAT KIND OF FINANCINGIS EXPLAINED WITH THIS MANUAL?
You will learn how to prequalify loan requests in only a few short minutes. Our program will teach you the basic formula used by Fannie Mae underwriting lenders. Mortgage rates are lower today than they have been in a long time. All of the homes that have been built and/or purchased are financed at a higher rate than you can obtain today. Even at 1 percent interest savings on a $100,000 mortgage can mean savings of as much as $83 per month on mortgage payments. That is approximately a $30,000 savings over the life of a 30-year fully amortized mortgage. This simply means that millions of homeowners are just waiting to refinance their homes so that they can enjoy the savings on their mortgage payments. THIS MANUAL INCLUDES PROGRAMS that
REQUIRE
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1). Glossary
-- Terms and abbreviations most commonly used
in real estate.
2). General overview of The Residential Loan Broker Program. 3). Setting up your office 4). Choosing a business name. 5). Registering your new business. 6). Code of ethics. 7). Stationery and business cards. 8). All forms needed to submit a residential loan request.
9). Residential loan organization guide.
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10). How to determine the amount of loan a client qualifies for.
11). Private mortgage insurance. 12). Samples and detailed explanations for completion of forms. 13). How to find borrowers.
14). How to find lenders.
15). Processing a loan request .
16).
How much can you charge?
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the Residential Broker Program |
Yes !
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